Tag: Bitcoin

Bitcoin Long-to-Short Ratio Shows Pro Traders Cautious Over Fed, Inflation

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Key takeaways: Negative Bitcoin funding rates indicate bearishness, yet whales maintain steady long-to-short ratios at major exchanges. Inflation concerns and tech corporate earnings remain the biggest drivers for Bitcoin traders’ sentiment. Bitcoin (BTC) faced rejection at $77,800 on Wednesday, then retested the $76,000 level. This movement followed a correction in the S&P 500 Index as the war in Iran reached its 60-day mark, driving crude oil prices toward $118. While demand for leveraged bearish Bitcoin futures positions increased, the long-to-short ratio of whales at major exchanges indicates a different trend.…

Bitcoin Drops Under $75K After Fed Decides To Hold Rates: Will Bulls Buy?

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Bitcoin (BTC) extended its two-day decline on Wednesday after the Federal Open Market Committee (FOMC) minutes confirmed the Fed’s decision to hold “the target range for the federal funds rate at 3-½ to 3-¾ percent.”  While the Fed maintains its goal of achieving “maximum employment and inflation at the rate of 2 percent over the longer run,” the FOMC minutes cited the “developments in the Middle East” as factors fueling an environment of “uncertainty” and the Fed stressed its desire to maintain optionality as it evaluates the “risks to both…

Bitcoin, Altcoins Pullback Ahead Of FOMC But Chart Fundamentals Are Strong

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Key points: Buyers are struggling to sustain the BTC rebound, suggesting bears are attempting a comeback. Several major altcoins risk breaking below their support levels, signaling a deeper short-term pullback. Bitcoin (BTC) rallied above $77,900 on Wednesday, but the long wick on the candlestick shows selling on rallies. On-chain analyst Willy Woo said in a post on X that BTC needs to close above the $79,000 cost basis of recent investors to strengthen the recovery. Woo gave BTC only 30% odds of rising above $79,000 in this attempt. Another cautious…

Bitcoin Drops Range Highs As Traders Cut Risk Ahead Of FOMC

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Bitcoin (BTC) fell from its local high at $79,500 as traders repositioned ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday. Historical data shows that since the start of 2025, BTC has corrected seven out of 10 times after an interest rate cut. Bitcoin’s reaction to interest rate cut decisions in 2025 and 2026 shows a clear pattern. The price often moved higher in the days before the meeting, followed by negative returns afterward, as illustrated in the chart. BTC price reaction post FOMC meet. Source: Cointelegraph/TradingView The…

More Than 70% Of Crypto Investors Think Bitcoin Is Undervalued

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More than 70% of crypto investors believe that Bitcoin (BTC) is undervalued, according to a recent Global Investor Survey conducted by Coinbase and Glassnode. The survey found that 82% of institutions and 70% of non-institutions classify the market as a late bear cycle markdown phase, while onchain indicators suggest BTC is entering a “value-accumulation zone.”  Bitcoin is in a late bear phase as undervaluation persists Coinbase Institutional Research surveyed 91 global investors between March 16 and April 7, including 29 institutions and 62 non-institutions. The responses show a sharp shift…

Bitcoin Rally From February Lows Driven by Regular Strategy Buys

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Bitcoin treasury firm Strategy and its perpetual preferred stock, STRC, have been the “single biggest factor” in Bitcoin’s recent rally, which has jumped 20% from its February low, according to Bitwise chief investment officer Matt Hougan. Over the past eight weeks, Strategy has added $7.2 billion in Bitcoin, Hougan said in a report published Tuesday.  “Yes, there have been multiple drivers of the recent rally, including strong buying from ETFs, $3.8 billion since March 1, and renewed purchases by long-term holders. But Strategy has been the single biggest factor,” he…

Bitcoin Price Dips Under $76,500, Sellers Push For Deeper Pullback

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Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $75,500 support. Bitcoin failed to stay above $77,500 and corrected gains. The price is trading below $77,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $76,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to…

Bitcoin Drops Under $76K As Investors Weigh Regulatory, AI Risk

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Key takeaways: Stalled progress on the CLARITY Act and hiccups in AI industry revenue weighed heavily on Bitcoin traders’ sentiment. Global instability and US economic concerns may add further downside pressure on Bitcoin price. Bitcoin (BTC) retreated below $76,000 on Tuesday, erasing gains from the prior week. This movement followed a 1% decline in the tech-heavy Nasdaq 100 Index after OpenAI reported a shortfall in its revenue and user growth targets. While the AI industry may be a factor in Bitcoin’s decline, crypto market regulations and macroeconomic indicators are also…

Bitcoin Coinbase Premium Index Turns Negative As Net Taker Volume Falls By $829M

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Bitcoin’s (BTC) Coinbase Premium Index has turned negative at -0.008 for the first time in three weeks, signaling a sharp reduction in US spot market demand and aligning with BTC’s current price drop. The signal held across hourly readings through the next 48 hours, showing consistent selling pressure from US-based buyers. The shift comes as the net weekly average of BTC realized losses climbed to $829 million, suggesting reduced investor conviction.  Bitcoin Coinbase Premium Index. Source: CryptoQuant Crypto trader Ardi highlighted a break in both trendline support and the $77,300…

Bitcoin Faces Fresh Oil Woes With a BTC Price Dip Under $76,000

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Bitcoin (BTC) headed to weekly lows after Tuesday’s Wall Street open as oil-supply woes panicked global markets. Key points: Bitcoin continues its come down from recent highs as new oil fears worsen already shaky market sentiment. US President Donald Trump avoids hints of lifting the Strait of Hormuz blockade. BTC price action falls below $76,000 as a week’s gains evaporate. Bitcoin, stocks extend losses on Hormuz oil nerves Data from TradingView showed BTC/USD dipping under $76,000 as US stocks also opened lower. BTC/USD four-hour chart. Source: Cointelegraph/TradingView The US-Iran war…